5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Shelley Road, Chelmsford CM2
£330,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 5-bedroom HMO in Chelmsford offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features a lounge, kitchen, three-piece bathroom, and wc, as well as a driveway and rear garden space. Currently, the property produces an annual gross income of £34,800, which could be increased to £36,000 with new tenants. The current tenants, who have consistently paid their rent, have no plans to move out and hope to remain in the property. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.